The Oregon Biz Report - Business News from Oregon

May 4, 2009

“The European Commission said both the 27-nation EU and the 16 countries that use the euro currency will shrink by 4 percent this year, more than double its January estimates, when it forecast a 1.8 percent contraction for the EU and a 1.9 percent decline for the euro area.”   Bloomberg 5,4,2009